Bank And Financial Institution Act (BAFIA) 2073 was published on Baisakh 10, 2073 B.S. (April 23, 2017) to amend and consolidate forthwith the prevailing laws relating to banks and financial institutions in order to:
Specification:
- Incorporation and License for bank and financial institution
- Banking regulations and procedures
- Provisions related to Capital Requirement, lending and recovery of credit.
- Accounts, Records and Reporting
- Securities transactions of BAFIA
Source: PDF Copy of Bank and Financial Institution Act 2073, provided above was downloaded from Nepal Rastra Bank.
